Yemen’s Iran-aligned Houthi rebels have claimed responsibility for striking multiple crude oil supply and transport sites in Saudi Arabia.
The group stated on Monday that the attacks targeted infrastructure linking the kingdom’s eastern oil fields to the critical Red Sea export hub of Yanbu.
The assertion marks a significant escalation in the campaign against Saudi energy infrastructure.
By targeting the east-west transport corridor, the Houthis aim to disrupt the flow of crude to the Red Sea, a key artery for global oil exports.
This development adds to existing shipping risks in the region, following recent tensions in the Strait of Hormuz.
Markets are likely to react to the heightened supply disruption risk.